On October 12, the United States Congress ratified several landmark free trade agreements (FTAs) with South Korea, Colombia and Panama. While still awaiting the President’s signature, which is expected, these agreements are sure to usher in a new level of trade activity with these countries.
Proponents list a host of benefits from FTAs, including:
- Expanded access to markets for both goods and services
- Greater protection of intellectual property rights
- Growth in jobs that would accompany the opening of new markets
Management Dynamics offers a comprehensive Free Trade Agreement (FTA) management solution that provides solicitation and qualification in order to determine if a company’s product is eligible for preferential treatment. This can have a significant impact on the applicable duties for their products resulting in reduced total landed costs.
To learn more, read the full press release.
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Part Two: Product Classification
Join Customs & Trade Solutions, Inc. and Management Dynamics for a complimentary three-part Export Compliance Webinar Series, which will address the three key steps of any Export Compliance Program (ECP): Restricted Party Screening, Product Classification, and Shipment Screening and Documentation.
The second webinar will be held on Friday, October 21st at 2:00pm EDT and will review Product Classification; the second step in building an export compliance program.
During this webinar, we will discuss the advantages of maintaining your own product classification database, as well as:
- Automation tools that can help your business save valuable time and reduce cost
- Up-to-date global trade content that can increase efficiency and decrease your risk in the case of an audit
- Product Classification best practices for sustaining these processes as your company’s global reach and product lines grow
Speakers will include:
Suzanne Richer, President, Customs & Trade Solutions, Inc.
Sanjeev Williams, Product Manager, Management Dynamics
Register for the webinar today!
Mark your calendars for the final webinar in this series!
Shipment Screening & Documentation: Friday, November 18
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Posted by
Caroline |
Categories:
Export Compliance,
Export Compliance Program,
Export On-Demand,
Global Trade Management Software,
Product Classification,
Trade Compliance Software,
Webinars | Tagged:
export compliance,
export compliance program,
Export On-Demand,
product classification,
Trade Compliance Software |